dancingeconomist.blogspot.com
The Dancing Economist: December 2011
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Friday, December 30, 2011. Monetary Policy and Credit Easing pt. 6: Empirical Estimation and Methodology. And this one is for the 2001 to 2011 estimations. The following four steps were taken for each estimation:. 1 Estimate the OLS regression. 2 Fit OLS residual to an AR( p. Process using the Yule-Walker Method and find the value of p. From 2, as the order for your correlation residual term. 1 Monetary Policies Imp...
dancingeconomist.blogspot.com
The Dancing Economist: April 2011
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Wednesday, April 27, 2011. Job Search Part 5: It's Policy Time! In what follows we will look at the following three labor market policies that are relevant to boosting employment within the model we have just explored. The wage w r is called the reservation wage and represents the lowest wage offer that an unemployed worker will accept. An individuals tendency to strongly prefer losses to acquiring gains. Simplifyin...
dancingeconomist.blogspot.com
The Dancing Economist: August 2011
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Wednesday, August 31, 2011. Story of the Ljung-Box Blues: Progress Not Perfection. In the last post we determined that our ARIMA(2,2,2) model failed to pass the Ljung-Box test. In todays post we seek to completely discredit the last posts claim and finally arrive at some needed closure. When we perform the Ljung-Box in R on GDP we get the following results:. X-squared = 4086.741, df = 20, p-value 2.2e-16. The second...
dancingeconomist.blogspot.com
The Dancing Economist: January 2012
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Friday, January 13, 2012. Just keeps falling doesn't it? Check out the following graph which charts how much the average sales price of a new home 27 months from the peak in economic activity moves. As you will notice ( this is for recessions from 1980 on), the average has now fallen more than any other recession previous (well from the 1980's on) as indicated by the dashed black line of death. Links to this post.
dancingeconomist.blogspot.com
The Dancing Economist: Consumer Sentiment: WOMP.
http://dancingeconomist.blogspot.com/2012/01/consumer-sentiment-womp.html
This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Monday, January 9, 2012. Consumer Sentiment is a measure of how people feel about their wealth and how happy they are. What the below graph reveals is that people feel worse than average 27 months after the peak in economic activity as defined by the National Bureau of Economic Research (NBER). QUALITY STOCKS UNDER 4 DOLLARS. January 6, 2013 at 10:28 AM. Consumer sentiment appears to be improving. Graphical Represen...
dancingeconomist.blogspot.com
The Dancing Economist: Might as well buy a crib...oh wait I'm broke.
http://dancingeconomist.blogspot.com/2012/01/might-as-well-buy-criboh-wait-im-broke.html
This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Saturday, January 7, 2012. Might as well buy a crib.oh wait I'm broke. The National Association of Realtors has put out the Housing Affordability Index since the early 1980's. The higher the index value the more able a household earning the median income is able to purchase and make mortgage payments on a home. Fred provides the following description of the series:. National Association of Realtors. Howdy, i read yo...
dancingeconomist.blogspot.com
The Dancing Economist: Employment Situation: An Inside Look
http://dancingeconomist.blogspot.com/2012/02/employment-situation-inside-look.html
This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Friday, February 3, 2012. Employment Situation: An Inside Look. Check out the divergence between those unemployed from ages 20-24 and those aged 25-34. Currently there are about 1,000,000 more people that are unemployed in the 25-34 age bracket than in the 20-24 age bracket. The unemployment rate for those who graduated high school is currently 4% higher than those that got their bachelors. Lesson of the day: Re...
dancingeconomist.blogspot.com
The Dancing Economist: February 2011
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Thursday, February 17, 2011. A Slight Abstraction: A Very Quick Thought On Tradeoffs. Links to this post. Subscribe to: Posts (Atom). Follow Me on Twitter and Tweet about it! A Slight Abstraction: A Very Quick Thought On Trad. Ask Calculated Risk Anything. Live from Jackson Hole: A Video Discussion with Jon Hilsenrath. Integrate Free R Tutorials With Blackboard, Moodle, Canvas and More! What Do The Simple Folk Do?
dancingeconomist.blogspot.com
The Dancing Economist: July 2011
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Friday, July 29, 2011. The Road to Default: Whaa? Okay so here is what has been happening:. The yield curve has been going through a mad flattening- indicating that investors are "flying to safety" and that a recession may be looming around the corner. Why has it been flattening? Additionally, consumer sentiment readings came out today at 63.7 which is consistent with recessionary levels. Whatever the case may be we...
dancingeconomist.blogspot.com
The Dancing Economist: February 2012
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This is the official blog of Steven Sabol. The Dancing Economist. Statement on a Mission. Friday, February 3, 2012. Employment Situation: An Inside Look. Check out the divergence between those unemployed from ages 20-24 and those aged 25-34. Currently there are about 1,000,000 more people that are unemployed in the 25-34 age bracket than in the 20-24 age bracket. The unemployment rate for those who graduated high school is currently 4% higher than those that got their bachelors. Lesson of the day: Re...